GVMC collects Rs 230 crore property tax in April

Visakhapatnam: The Greater Visakhapatnam Municipal Corporation (GVMC) collected Rs 230 crore in property and vacant land taxes in April. This is more than a 50% increase compared to Rs 164 crore collected during the same period last year. Apart from the extensive efforts in collection and awareness creation by GVMC, the surge was attributed to the 5% tax rebate offered by the corporation under the early bird incentive, as well as the final opportunity provided by the Andhra Pradesh govt for property owners and taxpayers to clear their dues.GVMC deputy commissioner (revenue) S Srinivasa Rao said that the govt allowed property taxpayers to settle their outstanding dues up to March 31 with a 50% waiver on interest if paid by April 30. "It also offered a 5% rebate for payment of the 2026–27 property and vacant land taxes. Taking advantage of both incentives, many property owners and taxpayers paid their pending and current taxes in full before the deadline, which significantly boosted the April collection. Moreover, GVMC extended tax payment facilities at convenience centres even on holidays. Payments were also enabled online via the GVMC web portal using cash, demand draft, cheque, or debit/credit cards. GVMC made extensive efforts to reach taxpayers and create awareness about the benefits and the various modes of payment available. These measures encouraged timely payments and contributed to the substantial increase in tax revenue," Srinivasa Rao added.